Re: FIDE level chess in Canada
HI Bob;
I have to disagree with you here. I think the Elite or Open sections deserve bigger prizes and nothing less than $1000 for First should be expected.
What I do feel is that if any section is paying the same amount of entry fee then they too should expect a big prize. The norm right now is to charge the same entry fee and give out less per section. If you want more participation from the lower ranks then you have to reduce their entry fees so more will come out but give back at least 5-10 times of the entry back as prizes. So if you charge $100 to enter the Open then $1000 is First. $70 in U2000 then $700 is First $50 in U1600 then $500 for First. That only takes 10 players per group to pay out Prizes the rest will be divided as per other prizes, rent, TD fees etc. The norm now wants the lower players to pay high fees but not get a reasonable return to bring out more players. I'd think 10 times your entry is more than enough to bring out more players. Most lower class players usually have more family members so a cheaper entry fee should in theory bring out more players.
Originally posted by Bob Armstrong
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I have to disagree with you here. I think the Elite or Open sections deserve bigger prizes and nothing less than $1000 for First should be expected.
What I do feel is that if any section is paying the same amount of entry fee then they too should expect a big prize. The norm right now is to charge the same entry fee and give out less per section. If you want more participation from the lower ranks then you have to reduce their entry fees so more will come out but give back at least 5-10 times of the entry back as prizes. So if you charge $100 to enter the Open then $1000 is First. $70 in U2000 then $700 is First $50 in U1600 then $500 for First. That only takes 10 players per group to pay out Prizes the rest will be divided as per other prizes, rent, TD fees etc. The norm now wants the lower players to pay high fees but not get a reasonable return to bring out more players. I'd think 10 times your entry is more than enough to bring out more players. Most lower class players usually have more family members so a cheaper entry fee should in theory bring out more players.
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